Paras Casting And Alloys Private Limited

Steel trading company incorporated in 1999, based in Uttar Pradesh.

1999 | Uttar Pradesh, Uttar Pradesh (India) | Active
Last Updated: December 23, 2024

Paras Casting And Alloys Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.30 Cr
  • Company Age 25 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.80 Cr
  • Satisfied Charges ₹ 10.00 Cr
  • Revenue Growth 64.31%
  • Profit Growth -77.82%
  • Ebitda 110.16%
  • Net Worth 1.91%
  • Total Assets -2.80%

About Paras Casting And Alloys

Paras Casting And Alloys Private Limited (PCAAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 July 1999 and has a history of 25 years and seven months. Its registered office is in Uttar Pradesh, Uttar Pradesh.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.30 Cr.

The company currently has active open charges totaling ₹4.80 Cr. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Navneet Jain, Vijay Jakhodia, and Navin Jain serve as directors at the Company.

Company Details

  • Location Uttar Pradesh, Uttar Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U13209UP1999PTC024625

  • Company No.

    024625

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jul 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Metals and Minerals

Who are the key members and board of directors at Paras Casting And Alloys?

Board Members (3)

NameDesignationAppointment DateStatus
Navneet Jain Country flag representing In Director 15-Jan-2022Current
Vijay Jakhodia Country flag representing In Director 21-Jul-1999Current
Navin Jain Country flag representing In Director 15-Jan-2009Current

Financial Performance of Paras Casting And Alloys.

Paras Casting And Alloys Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 64.31% increase. The company also saw a substantial fall in profitability, with a 77.82% decrease in profit. The company's net worth moved up by a moderate rise of 1.91%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
64.31%
Revenue from Operations
65.59%
Total Assets
-2.80%
Profit or Loss
-77.82%
Net Worth
1.91%
EBITDA
110.16%

What is the Ownership and Shareholding Structure of Paras Casting And Alloys?

In 2021, Paras Casting And Alloys had a promoter holding of 34.63% and a public holding of 65.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.80 Cr

Satisfied Charges

₹10.00 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 4.80 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jun 2024Indian Bank₹4.80 CrOpen
26 Aug 2015Allahabad Bank₹4.00 CrSatisfied
30 Nov 2009Allahabad Bank₹6.00 CrSatisfied

How Many Employees Work at Paras Casting And Alloys?

Unlock and access historical data on people associated with Paras Casting And Alloys, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paras Casting And Alloys, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Paras Casting And Alloys's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Paras Casting And Alloys

Recent activity within the organization

  • Charges

    A charge registered on 26 Aug 2015 via Charge ID 10599732 with Allahabad Bank was fully satisfied on 07 Jun 2024.

    07 Jun 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 4.80 Cr with Charge ID 100944972 was registered on 04 Jun 2024.

    04 Jun 2024

  • Annual General Meeting

    Paras Casting And Alloys Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Paras Casting And Alloys Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Director Appointment

    Navneet Jain was appointed as a Director was appointed as a Director on 15 Jan 2022 & has been associated with this company since 3 years 1 month .

    15 Jan 2022

  • Charges

    A charge registered on 30 Nov 2009 via Charge ID 10194400 with Allahabad Bank was fully satisfied on 17 Mar 2021.

    17 Mar 2021

Frequently asked questions

  • Paras Casting And Alloys Private Limited was incorporated on 21 Jul 1999.

  • The authorized share capital of Paras Casting And Alloys Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.30 Cr.

  • Currently 3 directors are associated with Paras Casting And Alloys Private Limited.

    • Navneet Jain
    • Vijay Kumar Jakhodia
    • Navin Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paras Casting And Alloys Private Limited is 122/235 Plot No-17Fazalganj Kanpur India, Uttar Pradesh.

  • The corporate identification number (CIN) of Paras Casting And Alloys Private Limited is U13209UP1999PTC024625 and the company number is 024625 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Paras Casting And Alloys Private Limited has risen by 64.31%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Paras Casting And Alloys Private Limited has experienced an upsurge of 1.91%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Paras Casting And Alloys Private Limited amount to ₹ 4.80 Cr.

  • The most recent Balance Sheet for Paras Casting And Alloys Private Limited was filed with the ROC on 31 Mar 2023.

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